FW: [Maybank] USD Rebound

 

 

, GBL: USD Rebound Global Markets Daily by Saktiandi Supaat FX Research A confluence of factors sent the USD rebounding overnight, including rising sentiments that the tax reforms is unlikely to stall corporate profits(which sent the Dow above 26,000 levels); Apple's plans to repatriate overseas cash holdings and create 20,000 jobs in the US; and expectations that a US government shutdown can be avoided. Unsurprising, the risk-on sentiments have spilled over into Asian equities, led by gains in Korean and Hong Kong bourses ... Saktiandi Supaat    (65) 6320 1379    saktiandi@maybank.com.sg Leslie Tang    (65) 6320 1378    leslietang@maybank.com.sg Disclaimer This email and its attachment(s) are confidential and are intended solely for the use of the individual to whom it is addressed. Any views or opinions expressed are solely those of the author and do not necessarily represent those of Maybank Kim Eng or any of its affiliates. Intended recipients of this email are prohibited from disseminating, forwarding, printing and/or copying its contents. If you are not the intended recipient of this email, you are strictly prohibited to take any action based upon them, which also includes dissemination, forwarding, printing and copying of its contents. Maybank Kim Eng Research sent this e-mail to you because your Notification Preferences indicate that you want to receive information about our daily research reports. If you wish to read Disclaimer in details, please click HERE. To unsubscribe or change preference settings, please contact your representative HERE.